Li Quanwu

Lady Playing Flute

Found at Christies, Hong Kong
Chinese 20th Century Art (Day Sale), Lot 698
1. DEC - 1. DEC 2008
Estimate: 120.000 - 150.000 HKD
Price realised: 93.750 HKD
LI QUANWU
(Born in 1957)
Lady Playing Flute
signed and dated 'Quanwu; Li Quanwu; Quanwu Li; 1994' in Pinyin & Chinese (lower right & on reverse)
oil on canvas
115.5 x 85 cm. (45 1/2 x 33 1/2 in.)
Painted in 1994
- Christie's Hong Kong, 29 October, 1995, Lot 8 | Acquired fro

Auction result misses estimated price range

When the work Lady Playing Flute by Li Quanwu was auctioned at Christies in Hong Kong in December 2008, the result was somewhat disappointing. The auction house had previously given the estimated price as a range of HKD 120,000.00 – 150,000.00, of which not even the lower limit was reached - in fact, the artwork changed hands for HKD 93,750.00 (€ 8,688.66). However, buyers have had to dig much deeper into their pockets for other works by Li Quanwu - we have observed the highest auction result to date for the work Triptych, which sold at auction in October 2002 for HKD 191,200.00 (€ 24,807.04).

Auktionsergebnis verfehlt die Schätzpreisspanne

Als die Arbeit Lady Playing Flute von Li Quanwu im Dezember 2008 bei Christies in Hong Kong versteigert wurde, fiel das Ergebnis ein wenig enttäuschend aus. Das Auktionshaus hatte den Schätzpreis zuvor mit einer Spanne von HKD 120.000,00 – 150.000,00 angegeben, von der nicht einmal die Untergrenze erreicht wurde - tatsächlich wechselte das Kunstwerk für HKD 93.750,00 (€ 8.688,66) den Besitzer. Für andere Arbeiten von Li Quanwu mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Triptych beobachtet, die im Oktober 2002 für HKD 191.200,00 (€ 24.807,04) versteigert wurde.

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